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Home > Japan to increase copper production by 3% the next six months, and domestic demand strong|brass gas fittings

Japan to increase copper production by 3% the next six months, and domestic demand strong|brass gas fittings

Tokyo, October 7, the survey showed, Japan in October-March, copper production is expected to increase next year to 3% due to firm domestic demand and increased exports.

Japan is the world's third-largest copper producer, increased production could trigger a global supply glut worries weighed on indexes of copper prices.

Japan's largest copper smelters Pan Pacific copper company (Pan Pacific Copper) said on Monday that in the second half of the fiscal year ended March 31, 2015, the company's copper production will increase by 5%.

The company spokesman Atsushige Higashimori said: "we expect Japan North-East reconstruction and infrastructure needs of the 2020 Olympic Games in Tokyo and its vicinity is good. ”

He said that 45% of its production destined for export, demand is expected to go to China and Southeast Asia, holding firm.

Some industry analysts said they expected end-user demand for the metal in China remained strong, despite finance fraud investigations in Qingdao financing demand dried up.

Japan copper demand has recovered, urban development projects, antiquated infrastructure rehabilitation and construction of solar power plants are boosting demand for copper.

Japan Association of manufacturers of wire and cable (The Japanese Electric Wire and Cable Makers' Association) last month took on Japan exports expected in fiscal year 2014, than the March prediction by 2% to 726,000 tons, construction solid demand.

A fellow of the Association, said: "the yen also boosted Japan brass maker's export competitiveness. ”

Tokyo, October 7, the survey showed, Japan in October-March, copper production is expected to increase next year to 3% due to firm domestic demand and increased exports.

Japan is the world's third-largest copper producer, increased production could trigger a global supply glut worries weighed on indexes of copper prices.

Japan's largest copper smelters Pan Pacific copper company (Pan Pacific Copper) said on Monday that in the second half of the fiscal year ended March 31, 2015, the company's copper production will increase by 5%.

The company spokesman Atsushige Higashimori said: "we expect Japan North-East reconstruction and infrastructure needs of the 2020 Olympic Games in Tokyo and its vicinity is good. ”

He said that 45% of its production destined for export, demand is expected to go to China and Southeast Asia, holding firm.

Some industry analysts said they expected end-user demand for the metal in China remained strong, despite finance fraud investigations in Qingdao financing demand dried up.

Japan copper demand has recovered, urban development projects, antiquated infrastructure rehabilitation and construction of solar power plants are boosting demand for copper.

Japan Association of manufacturers of wire and cable (The Japanese Electric Wire and Cable Makers' Association) last month took on Japan exports expected in fiscal year 2014, than the March prediction by 2% to 726,000 tons, construction solid demand.

A fellow of the Association, said: "the yen also boosted Japan brass maker's export competitiveness. ”